Policy on Aggregate Demand Multiple Choice 1. Shifts in the aggregate-demand curve can cause fluctuations in a. | neither the level of output nor the level of prices. | b. | the level of output‚ but not in the level of prices. | c. | the level of prices‚ but not in the level of output. | d. | the level of output and in the level of prices. | ANS: D PTS: 1 DIF: 1 REF: 21-0 NAT: Analytic LOC: Aggregate demand and aggregate supply TOP: Economic fluctuations | Aggregate demand
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Project The Classical Theory Of Employment amd output The fundamental principle of the classical theory is that the economy is self-regulating. Classical economists maintain that the economy is always capable of achieving the natural level of real GDP or output‚ which is the level
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poverty Definition: Condition where people’s basic needs for food‚ clothing‚ and shelter are not being met. According to World Bank: Poverty is pronounced deprivation in well-being‚ and comprises many dimensions. It includes low incomes and the inability to acquire the basic goods and services necessary for survival with dignity. Poverty also encompasses low levels of health and education‚ poor access to clean water and sanitation‚ inadequate physical security‚ lack of voice‚ and insufficient
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Do the circumstances surrounding the sale of the Collinsville plant play any role in your willingness to buy the assets? If so‚ how‚ if not‚ why not? On the one hand‚ the circumstances of the sale make me less willing to buy. In particular‚ both Universal and the federal government think that American’s acquisition creates antitrust issues. If this is the case‚ American could use its market power to change the nature of the market and make Dixon’s new plant unprofitable by setting lower prices
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Analysis of UNION BUDGET 2015-16 Credit Analysis & Research Ltd. 1 TABLE OF CONTENTS Foreword.............................................................................................. 2 Macro Economic Backdrop................................................................ 3-5 Union Budget 2015-16.................................................................... 6-13 Railway Budget 2015-16................................................................ 14-16 Industry Allocation Sectors
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impact of substantial cuts in public expenditure on the performance of the UK economy The UK economy can be judged by a number of key indicators mainly sustainable economic growth‚ low inflation (target 2%)‚ a surplus on the balance of payments and low unemployment. In this question I will explain the effect of cuts in public expenditure by the government on the performance of the UK economy. Firstly if the government reduced its spending on public expenditure it will affect the economy in the short
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Management has projected the project will produce the following cash flows for the first two years (in millions): Year 1 2 Revenues 1200 1400 Operating Expense 450 525 Depreciation 240 280 Increase in working capital 60 70 Capital expenditures 300 350 Marginal corporate tax rate 30% 30% a. Calculate Shepard’s incremental EBIT for the 2 years. (4 points) b. Calculate Shepard’s incremental net income for the 2 years. (4 points) c. Calculate the firm’s
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business source: 1) it is revenue expenditure wholly and exclusively incurred in the production of income [S 33(1) Income Tax Act 1967] and it is not prohibited from deduction under S39 of the Income Tax Act 1967‚ 2) it is a specific deduction under S 34‚ S 34A or S 34B of the Income Tax Act 1967 and 3) it is allowed for deduction under gazette order. Question 3 (b) An expense is deductible under the condition of the following‚ if i) it is revenue expenditure wholly and exclusively incurred in
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the assessee shall‚ subject to the provisions of this section‚ be allowed a deduction (such deduction being allowed before the loss‚ if any‚ brought form earlier years is set off under section 72) of- (a) a sum equal to the amount or the aggregate of the amounts so deposited; or (b) a sum equal to twenty per cent of the profits of such business (computed under the head “Profits and gains of business or profession” before making any deduction under this
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costs typically responsible for 20-30% of the overall OPEX expenditure‚ this is one area where the downstream sector in South-East Asia is increasingly focusing its attention. According to some analysts the costs incurred across the globe in maintaining the next generation of oil & gas assets could equate to $0.75 trillion highlighting the scale of the prize that could be on offer here. For a typical refinery the operational expenditure is principally dictated by three prime factors: the quantum
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